Biography/Memoir

U.S. judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits

Washington State Attorney General Bob Ferguson, who had objected to Purdue’s reorganization, also praised [Judge Colleen] McMahon’s decision. “There cannot be two forms of justice – one for ordinary Americans and a different one for billionaires,” Ferguson said. “I’m prepared to take this fight all the way to the Supreme Court, if necessary, to ensure true accountability for the Sackler family.”

The Sacklers had insisted on the legal shields, known as nondebtor releases because they protect parties that have not filed for bankruptcy themselves, in exchange for contributing $4.5 billion toward resolving widespread opioid litigation. The Sacklers threatened to walk away from the settlement absent the guaranteed legal protections. Representatives for the Sacklers did not immediately respond to a request for comment… Attorney General Merrick Garland said in a statement he was pleased with the ruling. “The bankruptcy court did not have the authority to deprive victims of the opioid crisis of their right to sue the Sackler family,” Garland said.

Original Article (Reuters):
U.S. judge tosses $4.5 bln deal shielding Sacklers from opioid lawsuits
Artwork Fair Use: Dawid Zawiła